O.D.M.B.C.: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
O.D.M.B.C.
Largest movements
- Receivables after one year +€116,351
up €116,351 (+99.1%), from €117,389 to €233,740
- Cash -€43,587
down €43,587 (-82.5%), from €52,837 to €9,250
mainly Contributions, distributions and other (-€277,000) and Receivables after one year (-€116,351)
- Deferred charges and accrued income +€32,152
up €32,152 (+45.5%), from €70,617 to €102,770
- Other debts +€277,175
new in 2025: €277,175
- Profit (loss) carried forward -€136,974
down €136,974 (-63.0%), from €217,371 to €80,397
- Debts after one year -€53,606
down €53,606 (-3.9%), from €1.4m to €1.3m
- Current portion of long-term debt +€28,366
up €28,366 (+64.0%), from €44,294 to €72,661
- Tax, wage and social debts -€23,583
down €23,583 (-52.9%), from €44,588 to €21,005
- Gross operating margin +€173,417
up €173,417 (+158%), from €109,749 to €283,166
- Financial charges +€41,105
up €41,105 (+491%), from €8,372 to €49,477
- Taxes +€36,073
up €36,073 (+559%), from €6,459 to €42,531
- Depreciation -€26,776
down €26,776 (-36.6%), from €73,181 to €46,404
- Other operating charges +€5,868
up €5,868 (+344%), from €1,708 to €7,577
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,698,853 | €1,789,993 | +€91,140 | +5.4% |
| Fixed assets | 21/28 | €1,454,072 | €1,439,098 | -€14,974 | -1.0% |
| Tangible fixed assets | 22/27 | €1,454,072 | €1,439,098 | -€14,974 | -1.0% |
| Land and buildings | 22 | €1,366,679 | €1,341,547 | -€25,132 | -1.8% |
| Plant, machinery and equipment | 23 | €82,927 | €81,522 | -€1,405 | -1.7% |
| Furniture and vehicles | 24 | €2,611 | €16,028 | +€13,417 | +514% |
| Assets under construction and advance payments | 27 | €1,855 | - | -€1,855 | |
| Current assets | 29/58 | €244,781 | €350,895 | +€106,114 | +43.4% |
| Amounts receivable after more than one year | 29 | €117,389 | €233,740 | +€116,351 | +99.1% |
| Other amounts receivable | 291 | €117,389 | €233,740 | +€116,351 | +99.1% |
| Amounts receivable within one year | 40/41 | €3,938 | €5,135 | +€1,198 | +30.4% |
| Other amounts receivable | 41 | €3,938 | €5,135 | +€1,198 | +30.4% |
| Cash at bank and in hand | 54/58 | €52,837 | €9,250 | -€43,587 | -82.5% |
| Deferred charges and accrued income | 490/1 | €70,617 | €102,770 | +€32,152 | +45.5% |
| Total equity and liabilities | 10/49 | €1,698,853 | €1,789,993 | +€91,140 | +5.4% |
| Equity | 10/15 | €220,371 | €83,397 | -€136,974 | -62.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €217,371 | €80,397 | -€136,974 | -63.0% |
| Amounts payable | 17/49 | €1,478,482 | €1,706,596 | +€228,114 | +15.4% |
| Amounts payable after more than one year | 17 | €1,381,650 | €1,328,045 | -€53,606 | -3.9% |
| Financial debts | 170/4 | €1,381,650 | €1,328,045 | -€53,606 | -3.9% |
| Amounts payable within one year | 42/48 | €89,415 | €371,393 | +€281,978 | +315% |
| Current portion of amounts payable after more than one year | 42 | €44,294 | €72,661 | +€28,366 | +64.0% |
| Trade debts | 44 | €532 | €552 | +€19 | +3.6% |
| Suppliers | 440/4 | €532 | €552 | +€19 | +3.6% |
| Taxes, remuneration and social security | 45 | €44,588 | €21,005 | -€23,583 | -52.9% |
| Taxes | 450/3 | €44,588 | €21,005 | -€23,583 | -52.9% |
| Other amounts payable | 47/48 | - | €277,175 | +€277,175 | |
| Accrued charges and deferred income | 492/3 | €7,417 | €7,159 | -€258 | -3.5% |
| Non-recurring operating income | 76A | €473 | €18 | -€455 | -96.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,181 | €46,404 | -€26,776 | -36.6% |
| Other operating charges | 640/8 | €1,708 | €7,577 | +€5,868 | +344% |
| Non-recurring operating charges | 66A | €1,374 | €436 | -€938 | -68.3% |
| Gross operating margin | 9900 | €109,749 | €283,166 | +€173,417 | +158% |
| Operating profit (loss) | 9901 | €33,486 | €228,749 | +€195,263 | +583% |
| Financial income | 75/76B | €2,331 | €3,286 | +€955 | +41.0% |
| Recurring financial income | 75 | €2,331 | €3,286 | +€955 | +41.0% |
| Financial charges | 65/66B | €8,372 | €49,477 | +€41,105 | +491% |
| Recurring financial charges | 65 | €8,372 | €49,477 | +€41,105 | +491% |
| Profit (loss) for the period before taxes | 9903 | €27,445 | €182,557 | +€155,113 | +565% |
| Income taxes | 67/77 | €6,459 | €42,531 | +€36,073 | +559% |
| Profit (loss) for the period | 9904 | €20,986 | €140,026 | +€119,040 | +567% |
| Profit (loss) for the period to be appropriated | 9905 | €20,986 | €140,026 | +€119,040 | +567% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.